The Global Microbiome Market Report by The Business Research Company covers microbiome market drivers and restraints, microbiome market size, major players, and the impact of COVID-19 on the microbiome market.
The microbiome market consists of sales of microbiomes used for manufacturing micro based end products, and microbiome-based research and development services by entities involved in manufacturing and/or research and development on microbiomes.
The global microbiome market reached a value of nearly $4,977.2 million in 2020, having increasing at a compound annual growth rate (CAGR) of 12.6% since 2015. The market is expected to grow at a CAGR of 12.7% from 2020 to reach $9,061.0 million in 2025. The global microbiome market is expected to reach $15,554.8 million in 2030, at a CAGR of 11.4%.
The usage of microbiome-based skin products is a driver for the microbiome market. The increased environmental stressors, pollution, and fear of chemicals, is driving consumers towards microbiome-based skincare. The skincare market has embraced distinct approaches, targeting the skin microbiome such as probiotics, prebiotics, postbiotics. These products help in anti-aging of skin by improving the quality of skin, accelerating its renewal process, and supporting the shedding of dead skin cells. Microbiome-based cosmetics can also help prevent dandruff, acne, psoriasis, or atopic dermatitis. The multiple benefits of microbiome based cosmetic products is promoting the use of these products.
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Some microbiome market trends include strategically partnering and collaborating with other companies to broaden their product portfolios and expand their microbiome therapeutics business. Moreover, companies in microbiome market are increasingly investing on the development of cancer microbiome therapeutics. Many companies in the industry are receiving investments from different venture capital firms to develop oncology microbiome therapeutics.
Global microbiome market segments include:
1) By End Use Industry: Human Therapeutics, Human Diagnostics, Agriculture & Environmental, Food & Feed, Others
2) By Type: Microbiome Drugs, Fecal Microbiota Transplantation (FMT)
3) By Application: Infectious Diseases, Cancers, Gastrointestinal Disorders, Metabolic Diseases, Others
4) By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
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The Microbiome Opportunities And Strategies: Forecast To 2030 is one of a series of new reports from The Business Research Company that provides microbiome market overviews, analyzes and forecasts market size, share, microbiome market players, microbiome market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The microbiome identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read Microbiome Opportunities And Strategies: Forecast To 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country; Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries
Market Players Covered: Assembly Biosciences. Enterome Bioscience, Ferring Pharmaceutical, Vedanta BioSciences, Seres Therapeutics
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
Sourcing and Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Microbiome Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Microbiome Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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